<cfoutput>

	<cfswitch expression="#newsItem.newsTypeId#">
		<!--- Press Release --->
		<cfcase value="1">
		<cfif not showPrintable>
			<table width="100%" border="0" cellspacing="0" cellpadding="0">
				<tr valign="top">
					<td width="176" valign="top"><cfinclude template="#CFMapping_Root#/common/subnav.cfm"></td>
					<td width="14"><img src="#urlPathToImages#spacer.gif" alt="" width="14" height="1" border="0"></td>
					<td width="520" valign="top">
	
						<table cellpadding="0" cellspacing="0" border="0" width="100%">
							<tr valign="top">
								<td class="header"><span class="header">Press Release</span></td>
								<td align="right"><a href="" onClick="history.back(-1); return false;">Back</a></td>
							</tr>
						</table>
						<p>#DateFormat(newsItem.newsDate, 'mmmm d, yyyy')#<br>
						<b>#newsItem.title#</b>
						<cfif Len(Trim(newsItem.subTitle)) gt 0>
						<br>#newsItem.subTitle#
						</cfif>
						<cfif Len(Trim(newsItem.location)) gt 0><p>#newsItem.location#</p></cfif>#newsItem.body#</p>
						<p align="center">----</p>
						<p>The information in these press releases should be considered accurate only as of the date of the release. PDL has no intention of updating and specifically disclaims any duty to update the information in these press releases. These press releases may contain forward-looking statements involving risks and uncertainties and PDL's actual rresults may differ materially from those in the forward-looking statements. Factors that may cause such differences are discussed in PDL's filings with the Securities and Exchange Commission.</p>
						<p><a href="#script_name#?navId=#navId#&showPrintable=1">Print Friendly Version</a></p>
	
					</td>
				</tr>
			</table>
			<cfelse>
			<table width="100%" border="0" cellspacing="0" cellpadding="0">
				<tr>
					<td><img src="#urlPathToImages#logo.gif" alt="" width="232" height="76" border="0"></td>
					<td align="right"><a href="" onClick="history.back(-1); return false;">Back</a></td>
				</tr>
				<tr>
				    <td colspan="2">			
					<br>
						<p>#DateFormat(newsItem.newsDate, 'mmmm d, yyyy')#<br>
						<b>#newsItem.title#</b>
						#newsItem.body#</p>
						<p align="center">----</p>
						<p>The information in these press releases should be considered accurate only as of the date of the release. PDL has no intention of updating and specifically disclaims any duty to update the information in these press releases. These press releases may contain forward-looking statements involving risks and uncertainties and PDL's actual rresults may differ materially from those in the forward-looking statements. Factors that may cause such differences are discussed in PDL's filings with the Securities and Exchange Commission.</p>
					</td>
				</tr>
			</table>
			</cfif>
		</cfcase>		
	</cfswitch>

</cfoutput>
